07001 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in New Jersey based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 07001 is White. The majority race/ethnicity attending public schools in 07001 is Asian. The current unemployment level in 07001 is 4.7%.
| Population | 17,211 |
| Population Growth Rate | -6.1% |
| Population Density | 5,052 People per Square Mile |
| Total Households | 4,857 |
| Percentage High Income Households | 3.4% |
| Median Household Income (2021) | $75,947 |
| Average Adjusted Gross Income (2021) | $280,700 |
| Current Unemployment Rate (May 2026) | 4.7% |
| Sales Tax Rate (2025) | 6.6% |
| Majority Race/Ethnicity | White - 37.95% |
| Public School Majority Race/Ethnicity | Asian - 28.79% |
07001 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 7,277 | 37.95% |
| Black | 4,374 | 22.81% |
| Hispanic | 3,938 | 20.54% |
| Asian | 3,515 | 18.33% |
| Native American | 72 | 0.38% |
| Hawaiian/Pac. Islander | 0 | 0% |
07001 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 432 | 28.55% |
| Black | 274 | 18.11% |
| Hispanic | 365 | 24.12% |
| Asian | 441 | 29.15% |
| Native American | 1 | 0.07% |
| Hawaiian/Pac. Islander | 0 | 0% |
07001 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 451 | 3.92% |
| Bachelor Degree | 2,206 | 19.17% |
| High School Diploma | 3,813 | 33.14% |
| No High School Diploma | 207 | 1.8% |
| GED or Alternate | 1,507 | 13.1% |
| 1 or More Years of College | 1,633 | 14.19% |
| Associates Degree | 608 | 5.28% |
| Masters Degree | 896 | 7.79% |
| Professional Degree | 159 | 1.38% |
| Doctorate Degree | 27 | 0.23% |
